Overnight real estate rates drift higher

Long-term mortgage interest rates increased Wednesday, and the benchmark 10-year Treasury bond yield climbed to 3.81 percent.

The 30-year fixed-rate average rose to 5.74 percent, and the 15-year fixed rate gained to 5.31 percent. Meanwhile, the 1-year adjustable rate fell to 5.87 percent.

The 30-year Treasury bond yield edged up to 4.54 percent.

Rates and bonds are current as of 7:15 p.m. Eastern Standard Time.

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